JBF Industries Ltd Receives CIRP Extension as NCLT Grants Additional 90 Days

JBF Industries Ltd Receives CIRP Extension as NCLT Grants Additional 90 Days

JBF Industries Ltd Receives CIRP Extension as NCLT Grants Additional 90 Days​

JBF Industries Limited, currently operating under the Corporate Insolvency Resolution Process (CIRP), has received an extension of its resolution period from the National Company Law Tribunal (NCLT). This decision was made after the Committee of Creditors (CoC) decided to republish Form G and seek further time for the process.

The NCLT, Ahmedabad Bench, granted the requested extension of 90 days, effective from June 19, 2026, allowing more time for stakeholders to participate in the resolution process. With this development, fresh Expressions of Interest are being invited regarding the CIRP of JBF Industries Limited.

The NCLT ordered the granting of the extension following hearings conducted by Members Chitra Hankare (Judicial) and Dr. Velamur G Venkata Chalapathy (Technical).

Operational Details and Resolution Timeline​

JBF Industries Ltd is seeking Expressions of Interest under Section 25(2)(h) of the Code. Key operational details and milestones related to the company's resolution process are detailed below:

ParticularsDetail
Corporate DebtorJBF Industries Ltd (PAN: AAACJ2575J, CIN: L99999DN1982PLC000128)
Registered OfficeShop No.4, Ground Floor, Building No. A, Shubh Laxmi Complex, Near Prabhat School, Chanandevi, Amli, Silvassa Dadra & Nagar Haveli-396230
Website URLwww.jbfindustries.co.in
Fixed Assets StatusNo fixed assets
Installed CapacityNon manufacturing facilities
Last Financial Year SalesNIL
Employees/WorkmenNIL as on date

The resolution process has established several key dates for prospective applicants:

MilestoneDate
Last date for receipt of Expression of InterestJuly 25, 2026
Date of issue of provisional list of prospective resolution applicantsJuly 27, 2026
Last date for submission of objections to provisional listAugust 1, 2026
Date of issue of final list of prospective resolution applicantsAugust 2, 2026
Deadline for submission of resolution plansSeptember 2, 2026

Prospective resolution applicants can find detailed financial statements and eligibility requirements available at www.ibfindustries.co.in or on the company website. The dedicated email ID for submitting expressions of interest is cirp.jbf@gmail.com.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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